Market setting up for another leg down

There were more stocks breaking down yesterday. Number of recent breakouts have failed. Sectors which were still clinging on to their range tops are witnessing breakdown. Expect one more leg down in the overall market.

High Volume Breakdowns
ACLI,American Commercial Lines Inc
ALB,Albemarle Corp
AMWD,American Woodmark Corp
AP,Ampco-Pittsburgh Corp
APSG,Applied Signal Tech Inc
ASGN,On Assignment Inc
ATHR,Atheros Communications Inc
AVCT,Avocent Corporation
BBL,Bhp Billiton Plc Ads
BG,Bunge Ltd
BGP,Borders Group Inc
BIG,Big Lots Inc
BKUNA,Bankunited Financial A
BRP,Brasil Telecom Partic Sa
CKEC,Carmike Cinemas
COHR,Coherent Inc
CPB,Campbell Soup Co
CSR,Credit Suisse Group
DBRN,Dress Barn Inc
DFE,WisdomTree Europe SmallCap Dividend Fund
DGII,Digi International Inc
DIGE,Digene Corporation
DNB,Dun & Bradstreet Corp
DOL,WisdomTree International LargeCap Dividend Fund
DOO,WisdomTree International Dividend Top 100 Fund
DSV,streetTRACKS DJ Wilshire Small Cap Value ETF
DTLK,Datalink Corporation
EAS,Energy East Corp
EDE,Empire District Electric
EGLT,Eagle Test Systems Inc
ELP,Companhia Paranaense De
ESE,Esco Technologies Inc
ESS,Essex Property Trust Inc
EWW,iShares MSCI Mexico Index Fund ETF
EWZ,iShares MSCI Brazil Index Fund ETF
FBTX,Franklin Bank Corp
FED,Firstfed Financial Corp
FNET,FortuNet
GGB,Gerdau Sa Ads
GSG,iShares GSCI Commodity-Indexed Trust Fund ETF
IAAC,Internat Asset Holdg Cp
ILF,iShares S&P Latin America 40 Index Fund ETF
ILMN,Illumina Inc
IMAX,Imax Corp
IPCC,Infinity Property & Casualty
ISE,International Securities Excha
ISLE,Isle Of Capris Casinos
KB,Kookmin Bank
KBH,Kb Home
KRE,streetTRACKS KBW Regional Banking ETF
KTCC,Key Tronics Corp
KWD,Kellwood Co
KYPH,Kyphon Inc
LNET,Lodgenet Entertainment
LOW,Lowe's Companies Inc
ORA,Ormat Technologies Inc
PBY,Pep Boys Manny Moe&Jack
PERY,Perry Ellis Int'l
PFGC,Performance Food Group
PGTI,PGT Inc
PGWC,Pegasus Wireless Corp (NV)
PSS,Payless Shoe Sources
PTI,Patni Computer Systems Ltd ADR
RBA,Ritchie Bros Auctioneers
RGS,Regis Corp
RIO,Companhia Vale Do Rio Doce
SCHL,Scholastic Corp
SID,Companhia Siderurgica Nacional S.A.
SLAB,Silicon Laboratories Inc
SM,Saint Mary Land & Explor
SNE,Sony Corp
SOV,Sovereign Bancorp Inc
SPH,Suburban Propane Partnr
SSD,Simpson Manufacturing
SYK,Stryker Corp
TNE,Tele Norte Leste Partic
TNT,Tatneft Ads
TSP,Telecom De Sao Paulo Sa
TXCO,Exploration Co Of Delawr
TXN,Texas Instruments Inc
TZOO,Travelzoo Inc
UHCO,Universal American Fin
VAS,Viasys Healthcare Inc
VBR,Vanguard Sm Cap Value Etf
VCBI,Virginia Commercebancorp
VCP,Votorantim Celulose Papl
VNDA,Vanda Pharmaceuticals Inc
WMH,HOLDRS Wireless ETF
XRAY,Dentsply Internat Inc
ZIGO,Zygo Corp

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